What Goes Up…Stock Exchange Party

Look, on paper it seems harmless. It’s the stock exchange, what could possibly go wrong? I’ll tell you what; it could crash. Any one with a semblance of sense should be able to figure that out. Which might be why the crowds came pouring in, one by one, lambs to the proverbial slaughter, each and everyone of us.

The beginning of the end

To the uninitiated, the Stock Exchange Party {the first one in Uganda held this Friday past} essentially operates in much the same way you’d expect Stocks to work, prices go up, then come down, then stabilize. Not necessarily in that order.

Get down… like the prices, get down I said!

In this case, all eyes were on the price of liquor, which was a real shame given the numbers of skirts that had been traded in for handkerchiefs and cloth based belts.

There’s a certain irony to be observed when people are in a bar, sans inebriation, screaming out, BUY, BUY, BUY….I don’t know how it works, but the next time a company floats its shares, it would benefit greatly from introducing the masses to a little bit of liquor.

Girls just wanna have fun, guys just wanna have booze

Hardly surprising was the fact that people seized the moment and hoarded. My guilt slapped me in the face a couple of times and asked me to look in front of me. Sure enough, some forward looking chap had decided to keep a crate for later.

Careful, he might take, he might take gwe nne munno

As I continued to take this in, I was accosted by a mate who insisted on buying me a crate…the rest of the night came in drips and drabs. Tequila shots at 1k, Beer at 1k. The Mith, Navio, JB… those ones had no price tag attached, I think…. It’s a little foggy, but a picture doth speak a thousand words, right?